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$1,200,000
337 8th Ave W, Palmetto, FL 34221
0 Beds
0 Baths
6,060 sqft

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Almost every Palmetto resident is familiar with this building, which was built in 1923. This charming property has 6 fireplaces and has stood the test of time with it’s superb craftsmanship. The lot is located in a prime location with an estimated 34,000+ vehicles past it each day. There is also a total of 52 parking spaces on the site. The building was once built to serve as a home but has been tastefully modified to accommodate a restaurant or other kind establishment. The kitchen area is properly equipped to accommodate restaurant equipment and supplies. A walk-in 10x10 freezer and 10x10 refrigerator is located off of the food prep area. The upstairs is approximately 1,930 Sq. Ft. and consists of 6 bedrooms/offices and three fireplaces. This property has tons of character and tons of potential to host a thriving business. The Palmetto Community Redevelopment Agency just approved a mixed use development for the lots adjoining this one on the south side. The mid-rise development will have resort-style apartments and retail space on the ground floor. **See Video Link**
  • Price:
  • $1,200,000
  • Square Footage:
  • 6,060
  • Acreage:
  • 0.76
  • Year Built:
  • 1923
  • Listing ID #:
  • MFRA4418551
  • Street Address:
  • 337 8th Ave W
  • City:
  • Palmetto
  • State:
  • Florida
  • Postal Code:
  • 34221
  • County:
  • Manatee
  • Community:
  • Palmetto/Rubonia
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Approximate Total Liveable Area:
  • 6060
  • Building Condition:
  • Completed
  • Building Security:
  • Fire Sprinkler System, Smoke Detector(s)
  • Construction Type:
  • Block, Stucco
  • Features:
  • Bathrooms, Kitchen Facility, Seating
  • Flooring:
  • Carpet, Ceramic Tile, Other
  • Has Handicap Features:
  • Accessible Entrance
  • Leasable Square Feet:
  • 6060
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 6060
  • Type Of Roof:
  • Tile
  • Year Built:
  • 1923
  • Business Type:
  • Bar/Tavern/Lounge, Food & Beverage, Professional/Office, Restaurant, Retail
  • Conforms To Zoning:
  • Cc
  • Federal Flood Zone:
  • X
  • Lot Features:
  • Corner Lot, Sidewalk, Street Lights, Paved
  • Lot Square Footage:
  • 33099
  • Road Frontage Type:
  • City Street, Highway, Main Throrughfare
  • Days On Market:
  • 227
  • Lease Terms:
  • Twelve Months
  • Monthly Lease Rate:
  • 6000.00
  • Originating Mls:
  • Mfrmls
  • Previous Listing Price:
  • 1238000
  • Ownership:
  • Corporation
  • Property Taxes:
  • $12,094
  • Tax Year:
  • 2020
  • Tenant Pays:
  • Electricity, Sewer, Trash Collection, Water
  • Parking Description:
  • Curb Parking, Over 30 Spaces
  • Cooling System:
  • Central Air
  • Heating:
  • Central, Natural Gas
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Bb/Hs Internet Capable, Electricity Available, Phone Available, Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By PREFERRED SHORE
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